Arab countries are among the top buyers of Brazil’s agribusiness, according to the country’s National Confederation of Agriculture. The agribusiness GDP is expected to grow by 2% this year.
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Brazilian brands are standing out worldwide and are beginning to gain popularity among consumers in Arab countries. Saudi Arabia is already the fifth-largest destination for Brazilian chocolate exports, and other markets in the region, such as the UAE, Qatar, Kuwait, Oman, and Bahrain, also have fans of national chocolate.
Brazilian president said that, although prices are high, they tend to remain stable, despite the US strike in Iraq last Friday.
Brazilian president said that the bombing in Baghdad, Iraq that killed Iranian military leader, will impact prices in Brazil but ruled out tabulation.
Fund predicts that global GDP will grow by 3% this year and 3.4% in 2020. Brazil and Saudi Arabia may see a recovery next year.
Deal involves 12 T-6C Texan trainer aircrafts for an estimated cost of USD 234 million.
Brazil shipped 7.9 million pairs, up 65% year-on-year. Revenues climbed 44% to USD 84.35 million.
Import-restrictive measures adopted by members of the bloc, from May to October, have covered an amount of trade estimated in USD 481 billion, a new high.
Brazil exported USD 93.77% worth of footwear last month, up 31% over September and up 0.2% over October 2017.
The country appears at the 72nd position out of 140 economices in a report released by the World Economic Forum.
The global foreign direct investment (FDI) flows reached USD 470 billion in H1 2018, according to UNCTAD, under the impact of earnings repatriations to the US.
The organization’s new forecast for growth in trade volume in 2018 went from 4.4% to 3.9% in face of the trade war between the United States and China and the volatility in exchange rates.
The North American government cut in half its contributions to the UN agency for Palestinian refugees, which is currently facing a cash crisis.
The country produced 17.2 million tons in the year’s first six months. Exports dropped in volume, but revenues climbed.
